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Saudi Arabian Monetary Agency expect pressures to remain

The Saudi Arabian Monetary Agency (Sama) has said inflationary pressures are likely to continue in the kingdom in the second quarter, singling out rent and food as two main areas of expected price pressure during the current quarter, Reuters has reported. Annual inflation slowed to 5.3% in April from 5.4% in March, according to figures released by the Central Department of Statistics. Prices rose on the month by 0.2%, the department said.